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France’s Wealthiest Show Massive Support for the Notre dame cathedral

BUSINESS FASHION LIFESTYLE April 16, 2019 0 Comments

Answering a fundraising call by President Emmanuel Macron, two of France’s luxury goods tycoons have pledged to donate 300 million Euros to help rebuild the Notre-Dame Cathedral, after the popular French landmark was devastated by a fire on April 15. Francois-Henri Pinault, the Chief Executive Officer and Chairman of Kering SA (the parent company of Yves Saint Laurent and Gucci)…

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Chocolate City and Warner Music Group Announce Partnership

BUSINESS EDITORS PICK ENTERTAINMENT April 13, 2019 0 Comments

Chocolate City Music Group , one of Africa’s largest record labels and entertainment companies, has announced a partnership with American record label conglomerate and music company Warner Music Group . Announcing the deal on March 28, Chocolate City President Audu Maikori stated that the deal was birthed with an aim to grow the reach of African artists all over the…

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Jumia’s IPO Raises $196 Million

BUSINESS TECHNOLOGY April 13, 2019 0 Comments

According to multiple sources, Jumia Technologies, the largest e-commerce and retail platform in Africa, has raised $196 million in its Initial Public Offering (IPO). In a statement that was released on April 12, the company will now be focusing on expanding its customer base and service tiers. Dubbed Africa’s Amazon, Jumia sold 13.5 million American Depositary Shares, representing a total…

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Disney+ Might Not Have Launched, but It’s Bad News for Netflix Already

BUSINESS ENTERTAINMENT April 12, 2019 0 Comments

The market for streaming services is already a crowded one, but things are set to be even more competitive. Earlier this week, media giant The Walt Disney Company officially announced Disney+, its very own streaming service. And while it’s still a few months away from being launched, its effects are already being felt across its industry. After being in the…

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